Briggs & Stratton files for bankruptcy protection

Mike Brezonick

20 July 2020

US-based engine manufacturer Briggs & Stratton has filed for Chapter 11 bankruptcy protection and agreed the sale of the business to private equity firm KPS Capital Partners for approximately US$550 million.

The Chapter 11 filing was triggered by Briggs & Stratton’s failure to repay a $6.7 million debt interest payment…

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